The June report for the Democratic National Committee (DNC) isn’t reflecting well on new leader Tom Perez, as the party is slipping deeper and deeper into debt.
DNC fundraising income for the month of June was reported as just over $5.5 million, up from $4.29 million reported for May, which was reportedly the lowest for the month of May since 2003.
Meanwhile, fundraising for the Obama Foundation is skyrocketing, according to a recent report, as over eight donors have recently contributed at least one million dollars each. (Scroll down for more.)
Republicans are doing well in fundraising also, reporting $10.9 million for the month of May, with no debt, and raising a record $13.4 million for the month of June, for a total of $75.3 million so far in 2017, according to a report in The Hill.
The Republican National Committee (RNC) announced a bank balance of $44.7 million, stating their 2017 fundraising is the most they have ever raised in June of a “nonpresidential” year.
The following screenshot is from the DNC’s June report:
— Kenneth P. Vogel (@kenvogel) July 21, 2017
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